Tech

General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S., according to multiple outlets. Around 1,200 employees at the company’s EV factory in Detroit, Michigan, are being placed on “indefinite layoff.” Further cuts and temporary layoffs are being made at GM’s Ultium Cells battery factories in Ohio and Tennessee. GM will also …

Peter Williams, the former general manager at defense contractor L3Harris, has pleaded guilty to selling surveillance technology to a Russian broker that buys “cyber tools,” the U.S. Department of Justice confirmed Wednesday.  “The material, stolen over a three-year period from the U.S. defense contractor where he worked, was comprised of national-security focused software that included at least eight sensitive and …

Google announced this week it is working with NextEra Energy to revive a nuclear power plant in Iowa that had closed in 2020. NextEra has been looking for a partner to reopen the reactor for the past year, and it found one in Google, which has been steadily adding zero-carbon energy sources to power its growing data center fleet. Neither …

Bending Spoons, one of Europe’s largest mobile app developers, announced on Wednesday that it has agreed to buy AOL from Yahoo, which is backed by private equity giant Apollo. Bending Spoons says it has secured a $2.8 billion debt financing package to support the purchase. The acquisition is expected to close by the end of the year and is subject …

AI audio company ElevenLabs‘ co-founder and chief executive Mati Staniszewski believes that AI models will be commoditized over time, a revealing comment for a company focused today on building them. Speaking onstage at the TechCrunch Disrupt 2025 conference on Tuesday, the ElevenLabs founder was discussing both his short-term and long-term views of the AI audio space. Staniszewski said that his …

TechCrunch Disrupt 2025 is here! If you’re still on the fence about attending in person, dive into the extensive schedule of speakers, networking opportunities, workshops, after-parties, and more that’s available here. There’s still time to get a last-minute ticket, and we’re giving a 50% discount since there’s just one day left! If you’re not able to attend in person, the …

Fubo and Hulu Live TV are officially joining forces. After some buzz earlier this year about the groundbreaking transaction, it’s now a done deal. The two companies announced on Wednesday that they’ve wrapped up their agreement to combine Fubo’s sports-centric platform with Hulu’s live TV service, following a nod of approval from Fubo shareholders last month. This is a game-changer …

Instead of signing expensive contracts with companies for their data, AI labs these days are trying a new tack: tapping former senior employees from those companies for their industry knowledge, Mercor CEO Brendan Foody said at TechCrunch Disrupt 2025 on Tuesday. Speaking on a panel onstage, Foody cast Mercor’s marketplace as one of the main channels connecting the former employees …

The biggest beneficiary of the ongoing AI boom, Nvidia has become the first public company to pass the $5 trillion market cap milestone. The company’s shares rose more than 5.6% on Wednesday to as much as $212.19, on the back of news on Wednesday that U.S. President Donald Trump said he expects to discuss the company’s Blackwell chips with Chinese …

Online marketplace Etsy said on Wednesday that its long-time CEO, Josh Silverman, would step down by the end of the year. Kruti Patel Goyal, Etsy’s president and chief growth officer, will become the company’s next CEO. Silverman, who headed the marketplace for eight years, will become its executive chairman. Goyal worked at Etsy for more than 10 years until she …